(Reuters) - Blackstone said on Monday it has agreed to buy a natural gas plant in Western Pennsylvania for nearly $1 billion, as the investment firm bets on rising U.S. electricity demand to power artificial intelligence technologies. U.S. power demand is projected to reach record levels in 2025, driven by data centers for AI and cryptocurrency technologies, as well as higher residential and commercial consumption. The private equity funds affiliated with Blackstone Energy Transition Partners will buy th ...

Investors this morning also awaiting the Fed decision on Wednesday. President Trump pushing the central bank to go big this week. The Fed chairman is incompetent.I think you have a big cut because I really I don't think he can help, it's perfect for cutting. Michael McKee Bloomberg, chief economics and policy correspondent joins us now. Mike.Trump expecting a big cut. What are markets expecting. Markets are not expecting a big cut and the president is likely to be disappointed.However, he is likely to get a ...

BREAKING: Nasdaq Leads Early Gains As Tesla, Amazon Advance Nvidia (NVDA) fell amid the latest news from China on Monday. Shares advanced 6% last week and are in a flat base with a buy point of 184.48. Is Nvidia stock a buy or sell now? China's State Administration for Market Regulation is investigating if Nvidia breached the country's antitrust rules by acquiring Mellanox Technology in 2020. Nvidia acquired the… Related news Nvidia Stock Falls As China Pressures U.S. Chipmakers Get market updates, educati ...

(Reuters) - Google-parent Alphabet hit a market capitalization of $3 trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favorable antitrust ruling. Class A shares of the company were up 4.6% at $251.88, while Class C shares climbed 4.5% to $252.3 - both trading at record highs. Alphabet joined companies including iPhone maker Apple and Microsoft that have also clinched valuations of $3 trillion. AI-leader Nvidia has crossed the $4 trillion mark. The lat ...

Google-parent Alphabet hit a market capitalization of $3 trillion for the first time on Monday. ...

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Monday.Following the market opening Monday, the Dow traded up 0.19% to 45,922.93 while the NASDAQ rose 0.63% to 22,280.38. The S&P 500 also rose, gaining, 0.47% to 6,615.11.Check This Out: 5 Stocks In The Spotlight From Wall Street’s Most Accurate Analysts Last WeekLeading and Lagging SectorsCommunication services shares jumped by 1.7% on Monday.In trading on Monday, consumer staples stocks fell by 0.6%.Top Hea ...

Factory activity in New York state fell this month, flipping positive readings in recent months amid persistent trade uncertainty. ...

The broader US stock indices are trading higher helped by hopes of a trade deal between the US and China, with both the S&P 500 and NASDAQ Composite climbing to fresh all-time record highs. The Dow Jones Industrial Average is also up on the day, though it remains below last week’s record peak of 46,137.20.A snapshot of the market in the first half of trading shows:Dow Jones Industrial Average: up 93 points (+0.20%) at 45,926.77S&P 500 Index: up 30 points (+0.46%) at 6,614.50, just shy of the new all-time hi ...

To see all that our exclusive membership has to offer, sign up for a free trial by clicking on the button below!At the CEF/ETF Income Laboratory , we manage closed-end fund (CEF) and exchange-traded fund (ETF) portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have to say about our service.We saw a bit of volatility through the second half of August, but it wasn't enough to offset the gains seen in the first part of the month. All the major in ...

The U.S. and China agreed on a framework deal to allow TikTok to keep operating in the U.S. amid trade negotiations as the social media app faced being shut down as early as Wednesday without action. "The framework for a switch to a U.S.-controlled ownership," Bessent told reporters in Madrid following two days of negotiations with the Chinese delegation.President Donald Trump is planning to talk with Chinese President Xi Jinping on Friday to finalize the deal. U.S. Trade Representative Jamieson Greer said ...